Jackson County Senior Services is a nonprofit organization devoted to providing essential services to seniors who live in their own homes within the Jackson County area. Three services are provided for seniors-home nursing, Meals on Wheels, and housekeeping Data on revenue and expenses for the past year follow: Home Meals On House- Total Nursing Wheels keeping $ 927,eee $ 266, eee $ 402,800 $ 259, eee 471, eee 111, eee 288,888 152, eee 456, eee 155,000 194,000 187,080 Revenues Variable expenses Contribution margin Fixed expenses: Depreciation Liability insurance Program administrators' salaries General administrative overhead Total fixed expenses Net operating income (loss) 69,280 8,500 40, 2ee 20,500 44, eee 20,6ee 8,000 15, 4ee 114, see 48,280 38,300 36, eee 185,400 53,2ee 80,400 51,800 413,100 122,500 166,988 123,700 $ 42,900 $ 32,5ee $ 27,100 $(16,708) "Allocated on the basis of program revenues The head administrator of Jackson County Senior Services, Judith Miyama, considers last year's net operating income of $42,900 to be unsatisfactory, therefore, she is considering the possibility of discontinuing the housekeeping program. The depreciation in housekeeping is for a small van that is used to carry the housekeepers and their equipment from job to job. If the program were discontinued, the van would be donated to a charitable organization. None of the general administrative overhead would be avoided if the housekeeping program were dropped, but the liability insurance and the salary of the program administrator would be avoided D Required: 1-a. What is the financial advantage (disadvantage) of discontinuing the Housekeeping program? 1-5. Based on the financial advantage (disadvantage) of discontinuing the Housekeeping program calculated in requirement Req 1A, should the Housekeeping program be discontinued? 2-a. Prepare a properly formatted segmented income statement 2-b. Would a segmented income statement format be more useful to management in assessing the long-run financial viability of the various services? Complete this question by entering your answers in the tabs below. Req 1A Reg 16 Req 2A Reg 28 What is the financial advantage (disadvantage) of discontinuing the Housekeeping program? 6 Required: 1-a. What is the financial advantage disadvantage) of discontinuing the Housekeeping program? 1-6. Based on the financial advantage (disadvantage) of discontinuing the Housekeeping program calculated in requirement Req 1A. should the Housekeeping program be discontinued? 2-a Prepare a properly formatted segmented income statement. 2-b. Would a segmented income statement format be more useful to management in assessing the long-run financial viability of the various services? Complete this question by entering your answers in the tabs below. Reg 1A Req 18 Req 2A Reg 28 Based on the financial advantage (disadvantage) of discontinuing the Housekeeping program calculated in requirement Reg 1A, should the Housekeeping program be discontinued? Yes ONO Prev 2 of 5 Next > D Reg 1B Req 1A Reg 28 Reg 2A Prepare a properly formatted segmented income statement. Total Home Nursing Meals On Wheels House. keeping 0 0 0 0 Revenues Variable expenses Contribution margin Traceable fixed expenses Depreciation Liability insurance Program administrators' salaries Total traceable foxed expenses Program segment margins General administrative overhead Net operating income (loss) 0 0 0 0 $ 0 0 $ 0 $ 0 Required: 1-a. What is the financial advantage (disadvantage) of discontinuing the Housekeeping program? 1-b. Based on the financial advantage (disadvantage) of discontinuing the Housekeeping program calculated in requirement Req 1A. should the Housekeeping program be discontinued? 2-a. Prepare a properly formatted segmented income statement 2-b. Would a segmented income statement format be more useful to management in assessing the long-run financial viability of the various services? Complete this question by entering your answers in the tabs below. Req 1A Reg 18 Reg 2A Req 28 Would a segmented income statement format be more useful to management in assessing the long-run financial viability of the various services? Yos ONO D ILL